232 Shaw Rd, Wavell Heights is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2025. The property has a land size of 405m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 4 bedroom House sold in Wavell Heights in the last 12 months.
Presenting by far the most outstanding opportunity in today's market throughout Wavell Heights, this brand-new residence represents unparalleled value for both owner occupiers and astute investors alike. Offering a finish level, scale and inclusions rarely found at this price point, this is a home that would be extremely difficult to replicate for the same cost in the current building environment and without the headaches over managing the build yourself. For families, it provides an spacious, never-before-lived-in home with multiple living spaces and effortless indoor-outdoor flow, all positioned in one of Brisbane's most consistently performing suburbs. For investors, the numbers are equally compelling, with a projected rental return of $1,250$1,300 per week, the estimated gross yield sits at approximately 3.5%3.75%, well above typical returns for comparable new homes, further enhanced by significant tax depreciation benefits that comes along with new construction.- Meticulously presented both inside and out, the residence is completely move-in-ready with nothing to do- Tall 2.7m ceilings and wide hallways Downstairs, Two Powder rooms on each level - Oversized Primary Suite with quality walk-in-dresser and Dual-Vanity ensuite- Stylishly appointed main bathroom adjoins Kids bedrooms, with Shower and Bathtub- Four Bedrooms upstairs, all with built-in robes, plush carpeted floors, ducted AC- Wonderful lounge and dining space opens onto undercover corner terrace/back yard (room for pool)- Strong rental appraisal and super low-maintenance property for investors - For Investors: Estimated gross yield of approximately 3.5%3.75% with substantial depreciation benefits- Multiple breakout spaces include downstairs media room, upstairs rumpus, lower-level open plan living out to external alfresco- Chic contemporary kitchen offers a breakfast bar, 900mm wide Fisher & Paykel oven/cooktop, walk-in pantry- 6.6kW Solar System and EV charger for future-focused living, Coated garage floors- Easy-care manicured gardens and fully-fenced rear back lawn ideal for young families - Fantastic storage facilities throughout the home, with linen storage across both levels and inside laundry- Walk to Kedron Brook parklands, local cafes, bikeways and Shaw Park sporting club facilities - For Families: Quick/convenient access to elite schools, Westfields Chermside, numerous shopping/transport hubs- Express to city public transport options see Eagle Junction/Nundah Station, with Bus routes walking distance also- Nundah State School and Wavell Heights State High School CatchmentsWavell Heights continues to demonstrate resiliently strong long-term growth, underpinned by its short proximity to the CBD, airport and key coastal-linking infrastructure, with consistent median price appreciation over the past five years (totalling over 80% growth) and even three years (totalling 54% growth). This new home is perfectly positioned to capitalise on that trajectory, while offering immediate lifestyle appeal with Kedron Brook parklands, bikeways and sporting facilities just moments away, not to mention countless sought-after private schools such as Nudgee College, Clayfield College, St Rita's, Padua College, Mt Alvernia, St. Margaret's and plenty more. When compared to other homes in the suburb or close-by, within a similar price bracket, the scale, quality and brand-new nature of this property clearly stand apart; delivering a far superior value proposition for buyers seeking both immediate value and long-term upside.
The size of Wavell Heights is approximately 4.1 square kilometres. There are 19 parks, covering nearly 16.6% of the total area. The population of Wavell Heights in 2016 was 9684 people. By 2021 the population was 10336 showing a population growth of 6.7% in the area during that time. The predominant age group in Wavell Heights is 30-39 years. Households in Wavell Heights are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Wavell Heights work in a professional occupation.In 2021, 71.30% of the homes in Wavell Heights were owner-occupied compared with 70.60% in 2016.
Wavell Heights has 4,290 properties. Over the last 5 years, Houses in Wavell Heights have seen a 59.25% increase in median value, while Units have seen a 109.17% increase. As at 31 July 2026:
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